Pakistan’s Prime Minister Imran Khan, Saudi Arabia’s King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman
News Time
Prime Minister Imran Khan’s efforts are getting colored to get rid of serious financial problems from Pakistan. The result of successful talks with Saudi King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman $ 6 billion package has been declared by Riyadh to Islamabad. The Memorandum of Understanding signed by the Mining Finance in the Saudi capital on Tuesday under this, Saudi Arabia will provide $ 3 billion to Pakistan to support balance of payments for one year. This amount will be submitted to the State Bank of Pakistan. It was also agreed that Saudi Arabia will provide a payment for a bill of $ 3 billion for one year to import oil. And this arrangement will be for 3 years, after which it will be reviewed again.
Finance Minister Asad Umar says that the package for support for the last three years of the payment of oil is actually $ 12 billion. According to official press release issued by Prime Minister of Pakistan, Saudi Arabia agreed to invest in oil refinery project in Pakistan and also expressed interest in finding minerals in Balochistan. Saudi Crown Prince Mohammed bin Salman agrees to Prime Minister Pakistan’s proposal to reduce visa fees for Pakistani workers which can be considered as a tabernacle for Saudi Arabia to increase the Pakistani workforce and provide important facilities to the people in both the countries. Economic experts from the United Arab Emirates and the Prime Minister Nawaz Sharif, on November 3, are also expected to visit China’s perspective. That more than one dollar can be submitted to Pakistan’s account, whose presence has the possibility of being more reliable in the situation of Pakistan’s gold reserves.
Former Finance Minister Shaukat Tareen says it is very important for the country to receive $ 6 billion support from the Saudi Arabia. Even after this package, Pakistan will need to go to the International Monetary Fund, but there will be no sliding sword on the head. Prime Minister Imran Khawaja went to Saudi Arabia to attend the investment conference held in Saudi Arabia’s capital Riyadh. On arrival at Riyadh on the second phase of the visit on Tuesday after the attendance on the occasion of Roza Rasool in Madina on Monday he attended the international investment-related conference and meetings with Saudi King and Crown Prince.
After inaugurating the investment conference, which has been named Davis in the desert, a meeting scheduled for Pakistan was arranged. In which Prime Minister Imran Khan highlighted the challenges faced by the present government and the priorities of Pakistan to improve the country’s economy, Exports and promotion of gold in these priorities have the highest priority. Prime Minister Imran Khan’s visit to Saudi Arabia and King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman resulted in negotiations in the case of a financial package, the easy and secure way to get the country out of the economic crisis should be used to develop such a comprehensive plan by considering God Goddess. Through which unemployment and inflation of sufferings can be held, in our government policies, this theory should have key importance that the real power in today’s world is only economic power. A long-term strategic process should be worked on to make the country economically stable.
